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Take it easy. I'm sure he's joking....

Before looking at the losers, you should already have a consistently profitable strategy. You should have already done an in depth study of your winners. If those things are achieved, you can spend a limited amount of effort on understanding the losers and how they behaved - did they hit the...

Thank you for this perspective. I know almost nothing about how fund managers work but was prepared to bet that the way I trade from a spare bedroom with my own tiny capital bears little relation to how they run their funds. Same as being the mayor of the city bears little relation to being a...

One good idea and now this writer has a head the width of a county.

This is business, not a research project. In business, success comes in terms of profit - gains v's cost. During our education or in many conventional professional careers, success comes from knowing the most. The traders who make money are not necessarily those who know most. Select a basic...

Trends are real. Trendlines come from the trader's interpretation of the trend. The first trendline drawn will probably need revision as the trend proceeds. There is no universal objective way to define either the first or subsequent trendlines in a trend. So as a definition of a point of...

My best advice is don't do what 90% of new traders do. Which comprises day-trading plus trading reversals plus chasing high leverage. If you are doing these things and making a consistent profit, keep doing them. But in that you're not asking for my advice and I'm not giving it to you. I speak...

I think he bought a heap of Tepnel Life Sciences shares before they made a super special news announcement about a take-over bid. Which never came. And when the shares went down he bought some more. Oh no, wait, that was me...

Yes that has been my experience. I had the money, knowledge and time to try it out using a range of strategies. One of which I even paid for! It didn't make me any money. My previous long-term trading experience made sure happily I didn't lose much either so it was worth the effort and risk on...

Its 90% true. Maybe more.

Well said P, and even if they are both right, I'm not trading like either of them.

The issue for 99% of traders 99% of the time isn't broker platform shut-down, its high leverage scalping that should be the worry. There's no point upgrading to Business if the plane's going to crash.

Why isn't long-term trend-following on this list?

No issues with your post, its this whole RRR Indicator nonsense. Sorry for the misunderstanding.

This is the sort of superficial stuff that gives TA a bad reputation.

You've probably already been told that 90% of traders fail. Often its expanded to 90% of traders lose 90% of their money within 90 days. But the message is the same. You have a 1 in 10 chance of not losing your money, far less than that of supporting yourself in a comfortable life-style. So I...

Well I'm sure someone on ET will be able to jump in at this stage. Best of luck.

You can certainly use TA to identify support/resistance levels. You might even accept daily highs/lows as sufficient for this, likewise Fibonacci, round numbers etc. I have been using a multiple of ATR over 20 days so that I doesn't get stopped out by "noise". You could use an ATR multiple as a...

Why? Where d'you live?

You're right if you're talking about your children. Their happiness should be more important to you than your own happiness. But I have no children. I am already happy but more money will help me be more happy.